Memory Techniques for Business Studies

For learning Business Studies though detailed study of the topics is required, there are some simple techniques to remember points. In some cases, the points need to be learnt in sequence and in some other cases points can be arranged in any order as per your convenience.

Whatever may be the case, the following techniques can be used easily and used as per your interest:

Mnemonics

Mnemonics is a technique used to remember the things in a simpler and better way. Using the first alphabet of the words used and arranging them to make a meaningful way, is the most common method of using mnemonics. Here are some examples of use of such mnemonics to learn topics in Business Studies:

4. Elements of Directing: SuLeCoM

5. Dimensions of Business Environment:LETSPlay

Self Talk (Imagination)

You can weave a sentence or a small story to correlate the points in an interesting, meaningful and simple manner, like in the following cases:

1. Basic features of Profession:

People crossing a well(well defined body of knowledge),then jumping a wall(restricted entry),to enter a field(professional association),to provide some services(service motive) following some rules(code of conduct)and charging fees.

1. Well defined body of knowledge

2. Restricted entry

3. Professional association

4. Code of conduct

5. Service motive and charging fees

2. Features of Planning

An untiring manager sitting on a chair, focuses his attention, to decide a path to be followed to reach a distant goal.

1. untiring manager….Continuous process.

2. sitting on a chair…..at every level…….Pervasiveness.

3. focuses his attention….. Mental activity(intellectual process).

4. to decide……Decision making process.

5. to decide…….Judgment(intellectual process).

6. a path to be followed…….Choice of best possible alternative.

7. distant…..Futuristic(future oriented process).

8. Goal……Goal oriented process.

3. Leadership Qualities

Using your imagination ,you can develop the qualities of a good leader by considering a Human Body: